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of thing where the tee taidetails of the law, r this law is amending a bunch of laws from the 80s. >> thank you very much. we appreciate you coming on the show. elmo the furry red monster on says sesame street, has had damage done to the brand and pbs itself later in the show. meanwhile housing starts. it is the highest rate in 44 years. mortgage rates and two of the reasons why there is more building activity. today's home starting are 40% of where they were in january 2006. but you know what, i'm all or economic optimism and housing could wind up being a big plus in the years ahead. meg whitman in control tonight and a former hedge fund manager charged in a trading scheme. those stories right after the break. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you?
. but whatever laws congress sets congress can break. they have refused to do a budget. it is not a rule it is a law and it is the statute. so, i'm in favor of some of these rules, but i'm recognizing at the end of the day, what matters more is what you send to washington. >> well, we he have a little more than a month to go and nobody seap seems to know how s going to play out. many, many thanks for coming on. cyber monday was a record breaker this year. sales rising 30% compared to this year. mobile dievises played a big role. so that young children can completely waste their time and parent's money. oh, i'm sorry that was just a joke. i take it all back. now, moving on, we are about to reveal the possible republican front-runner for 2016. this revelation coming from our buddy robert costa. up next a front-runner already. two years ago, the people of bp made a commitment to the gulf. bp has paid over twenty-three billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and
into law more cuts than were in the simpson-bowles proposal, he's proposed additional cuts in the 2013 budget he's proposed. to say he hasn't put cuts on the table is completely disingeneralsous. >> karen is making president obama out to be a tight fisted spending cutter. you followed the fiscal beat? >> do you regard president obama as a tight-fisted spending cutter? >> it's somewhere in between. he did sign a cap that would save a trillion dollars over the next would you mean of years. but thens other side of it is that we need about $4.9 trillion of savings over the next year to stabilize grashio, or cutting spending to medicare crieders. you actually do need to take on and storm reforming or we're going to be facing a down grade of all three rate being agencies. >> in brief, this stuff about -- they call it providers. providers are patients, providers congress -- you think congratulations and republican are going to take out from -- >> i think it's going to be a provider but i generally don't think it's like it. >> how can john boehner and the republican, preserving some modicum of
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